Is My Trailer Covered Under My Car Insurance Policy?

It’s that time of year where we get out and enjoy the outdoors. Whether your thing is camping, heading to the cottage, or just hitting the open road to where ever it takes you – often times a trailer may be a part of that plan. When it comes to insurance, there are some things you should know in order to make sure you’re protected.

If your trailer is hitched or not makes a difference.

When Trailers Are Covered on a Policy

The liability portion of your car insurance policy will extend to your trailer if, and while it’s being towed. It’s important to ensure that your trailer is hitched appropriately. This means it’s deemed road worthy, and all indicator lights, and break lights are fully functional.

It’s a good idea to speak with your insurance broker if you’d like to better understand your particular coverage limits.

Does My Trailer Need its Own Policy?

When a trailer is parked on your property, depending on the value of your trailer and its contents, it may be covered under your home insurance as property (or contents) – but you need to check your policy and/or speak with your insurance broker to confirm coverage limits.

Neither your car or home insurance policies will necessarily cover physical damage to the trailer or its contents; it’s only the liability coverage that extends which only covers the damages or injuries that your trailer causes to others or their property.

For high-value trailers, most insurance companies recommend purchasing a separate RV & trailer insurance policy to make sure you have maximum protection on your investment. Your insurance broker can help with this as well.

It’s that time of year where we get out and enjoy the outdoors. Whether your thing is camping, heading to the cottage, or just hitting the open road to where ever it takes you – often times a trailer may be a part of that plan. When it comes to insurance, there are some things you should know in order to make sure you’re protected.

If your trailer is hitched or not makes a difference.

When Trailers Are Covered on a Policy

The liability portion of your car insurance policy will extend to your trailer if, and while it’s being towed. It’s important to ensure that your trailer is hitched appropriately. This means it’s deemed road worthy, and all indicator lights, and break lights are fully functional.

It’s a good idea to speak with your insurance broker if you’d like to better understand your particular coverage limits.

Does My Trailer Need its Own Policy?

When a trailer is parked on your property, depending on the value of your trailer and its contents, it may be covered under your home insurance as property (or contents) – but you need to check your policy and/or speak with your insurance broker to confirm coverage limits.

Neither your car or home insurance policies will necessarily cover physical damage to the trailer or its contents; it’s only the liability coverage that extends which only covers the damages or injuries that your trailer causes to others or their property.

For high-value trailers, most insurance companies recommend purchasing a separate RV & trailer insurance policy to make sure you have maximum protection on your investment. Your insurance broker can help with this as well.

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